Gelon Foreign Exchange (00158.HK) announced that for the year ended September 30, 2021, the company's income was HK $160 million, down 21% from the same period last year; the profit attributable to the company's shareholders was HK $66.86 million, compared with a loss of HK $1.185 billion in the same period last year; and the board of directors recommended a final dividend of HK $1.80 per share.
The profit mainly comes from the decrease in the fair value loss of investment property this year. The fair value loss of investment properties for this year was HK $16.3 million, compared with HK $1,317.2 million in 2020. Excluding the impact of changes in the fair value of investment properties, operating profit from leasing business decreased from HK $157.3 million to HK $99.2 million, down 36.9% from last year. Revenue for the year was HK $160.4 million (2020: HK $23.7 million), down 21.3% from last year.